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Fiscal Policy and the Natural Resources Curse (How to Escape from the Poverty Trap)

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ISBN: 9780367110796
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Overview

It is widely accepted that natural resource wealth, especially in the form of oil and minerals, can be a key factor in inhibiting economic development. Many of the countries that are richest in natural resources – including oil, metals and diamonds – are amongst the world’s poorest. Why?

Fiscal Policy and the Natural Resources Curse re-examines this ancient, unsolved puzzle, asking why many governments of natural resource-intensive countries are incapable, in a globalised world, of dealing with the natural-resource curse. This book offers a detailed analysis of the power-relationships which underpin the natural resource curse, using both statistical analysis and country case studies from Africa and Latin America to pinpoint the strategies that have enable developing countries to break out of the poverty trap. The book differs from other works on this subject, as it not only identifies the issues at stake but also offers solutions in the form of a series of suggested policy measures. The work focusses in particular on fiscal escape routes, namely measures to develop and diversify the tax system, and to reallocate and target public expenditure.

This volume will be of great interest to scholars of economic development, the economics of natural resources and economic growth as well as all those with an interest in development, global politics and anti-poverty policies.

This book title, Fiscal Policy and the Natural Resources Curse (How to Escape from the Poverty Trap), ISBN: 9780367110796, by Paul Mosley, published by Taylor & Francis (October 26, 2018) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.

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Product Details

Author:
Paul Mosley
Format:
Paperback
Pages:
262
Publisher:
Taylor & Francis (October 26, 2018)
Language:
English
ISBN-13:
9780367110796
Weight:
16oz
Dimensions:
6.125" x 9.1875"
File:
TAYLORFRANCIS-TayFran_240502050527074-20240502.xml
Folder:
TAYLORFRANCIS
List Price:
$58.99
Series:
Routledge Studies in Development Economics
Case Pack:
1
As low as:
$53.09
Publisher Identifier:
P-CRC
Discount Code:
H
Audience:
College/higher education
Country of Origin:
United States
Pub Discount:
30

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